Success Stories

Philadelphia Firm Successfully Leverages SBA 504 Loan Program to Purchase Building

PHILADELPHIA– The Wine School of Philadelphia, founded by Keith Wallace, is dedicated to providing top-tier instruction in wine, beer, and cooking to both professionals and the general public. However, while running his successful business, Wallace faced a pressing challenge. His landlord informed Wallace that he was selling the building, which meant rent would increase significantly or he would be forced to relocate.

Wallace began looking into a loan to buy the building himself and was referred by PNC Bank for SBA 504 financing with SBA-certified development corporation ‘The 504 Company.’  The 504 Company and PNC Bank helped Wallace obtain an SBA 504 Program loan that allowed him to purchase the building and keep the Wine School in business. SBA’s 504 Loan Program provides long-term financing to small businesses for the purchase or improvement of land, buildings, and major equipment, to... Read More

Perryman Building and Construction Services, Inc. is the product of perseverance, cultivation, development, and love of the industry. Second-generation owner and firm President Angelo R. Perryman's journey into entrepreneurship is the result of more than 35 years’ experience in the construction industry, starting as a laborer, including experience with two "Top 15" international construction firms.

Perryman reestablished the family's construction business as a foundation to lay roots for future generations and to preserve the original family business philosophy of his father, founder Jimmie Lee Perryman, Sr. With more than 1,000 completed projects, Perryman Construction self-performs project planning, management and construction projects for historic restoration and parks, commercial, retail, hospitals, pharmaceutical companies, and the hospitality industry for clients including the Democratic Host Committee, U.S. General Services Administration, U.S. Department of Navy, Wal... Read More

My Independence At Home Founder and CEO Lisa Robinson is a veteran and Philadelphia native with more than 12 years' experience in the finance industry who has been able to apply her professionalism and skills to the home care industry. My Independence at Home (MYIAH) is a non-skilled home care agency caring for the elderly and adults with physical and intellectual developmental disabilities within the counties of Chester, Delaware, Montgomery and Philadelphia.

As a stroke survivor, Robinson understands the positive impact professional, compassionate homecare can have on a person’s life and is committed to ensuring her consumers receive the care they need and deserve. Robinson’s role affords her the opportunity to work closely with the elderly and adults with disabilities, particularly those in low-income communities; a demographic she feels is grossly underserved and to which she is totally committed. Co-Founder and COO Ronda Winfield is an advocate for the disabled and... Read More

 Katherine Sliclen, owner, Stone Cooper Jewelry

Women’s Business Development Center provides Stone Cooper owner with training, one-on-one business coaching

Katherine (Kat) Sliclen was new to entrepreneurship when she opened her business. Her undergraduate sociology degree from Skidmore College came with a minor in metalsmithing, but no formal business training. A classic self-starter, she relied on all of the resources she could find. She checked out a book on starting a small business from her local public library, and found her local SBA-backed SCORE chapter.

“I want to make meaningful jewelry. I love when people have meaningful connections to their adornments,” Sliclen said. As a child, Sliclen preferred making art to watching television. She has always loved jewelry because of its lack of boundaries, because jewelry fits all body types and all gender identities. Some of her work is made with ethically scavenged oddities, like feathers and deer antlers.

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